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80 Acres Selling in 1 Tract
80 Acres Selling in 1 Tract
80 Acres Selling in 1 Tract
80 Acres Selling in 1 Tract

80 Acres Selling in 1 Tract

Lot Closed

Auction by Jack Nitz & Associates(1130)
This item is in Prague, NE

Overview of 80 Acres Selling in 1 Tract

Item Details

This Tremendous Farm is everything you have been looking for in a Private Getaway! Scenic Views for Potential Building Spots, LOTS of Mature Trees (Over 22 Acres), (2) Creeks for Water, Wildlife in Abundance (Deer, Turkey, Pheasants, etc) and Income from 50 Acres of the Land in the CRP Program! This Property is located only 2 miles from Paved roads and also features some level of seclusion for Privacy! If you are in the Market to buy a Property to build your Private Getaway and still be within a 30-minute drive or either Omaha, Lincoln or Fremont, THIS IS WHAT YOU HAVE BEEN LOOKING FOR! In the days of such volatility in the Stock Markets, this is a Great Time to invest in Land, which provides a much greater level of stability!

LEGAL DESCRIPTION: The East Half of the Southeast Quarter of Section 7, Township 15, Range 5 East of the 6th PM, Saunders County, Nebraska, containing 80 acres, more or less.

2019 REAL ESTATE TAXES: $ 1,388.72

FARM SERVICES AGENCY (FSA) INFORMATION:

FARM NUMBER - 12335

FARM ACRES - 80

FARMLAND - 77.03

CROPLAND - 52.87

CORN BASE - 2.11 Acres

PLC YIELD (DRYLAND) - 125 Bushels

SOYBEAN BASE - .77 Acres

PLC YIELD (DRYLAND) - 32 Bushels

CRP CONTRACT # 1 (28.36 Acres) - Expires 9-30-2020

Contract Payment - $ 126.03/per Acre

CRP CONTRACT # 2 (21.62 Acres) - Expires 9-30-2026

Contract Payment - $ 182.41/per Acre

TERMS OF THE AUCTION: An Earnest Deposit of $ 100,000.00 will be required on Auction Day. The balance will be due on or before May 14, 2020. Title Insurance & Escrow Closing Fees divided equally between Buyer and Seller. Marketable Title Provided. 1031 Tax Exchanges Welcome. Full Possession at Closing. Agents Represent Sellers.

Buyer's and Seller's agree that the CRP Payments for 2020 will be split - 60% to be retained by Seller, 40% to Buyer, with Buyer's 40% credited to them at closing from Seller's proceeds. Furthermore, Buyer's and Seller's agree that the Real Estate taxes for 2020 will be split the same way - 60% paid by Seller, 40% Paid Buyer, with Seller's 60% credited to Buyer at Closing.

INTERNET TERMS: 1% Buyers Fee Auction-Successful high bid plus the buyers fee equals the total price offered. Winning bidder is contractually bound and will enter into a Contract to Purchase immediately upon being declared the successful bidder by the auctioneer. Upon the close of the auction the winning bidder will be forwarded a Contract to Purchase via email or fax. The signed copy must be returned to Jack Nitz & Associates before end of business, Monday, June 1, 2020. The Contract to Purchase may be hand delivered or scanned and emailed. $100,000.00 as earnest money will be due upon acceptance of the Sales Contract by wire transfer or cashier's check. Bidding is not contingent upon financing, make all financing arrangements prior to the end of the bidding. The successful bidder is required to pay $100,000.00 as earnest money with a cashier's check or by wire transfer. Upon accepted offer all earnest money becomes nonrefundable.

Payment

INTERNET BIDDING: Credit card is required to bid but is not an accepted form of payment. Bidder registration must be complete by 4:30 PM, Friday, May 29, 2020. Neither the Auction Company nor the Seller is responsible in the event of loss of signal by either side. 1% Buyers Fee Auction-Successful high bid plus the buyers fee equals the total price offered. Winning bidder is contractually bound and will enter into a Contract to Purchase immediately upon being declared the successful bidder by the auctioneer. Upon the close of the auction the winning bidder will be forwarded a Contract to Purchase via email or fax. The signed copy must be returned to Jack Nitz & Associates before end of business, Monday, June 1, 2020. The Contract to Purchase may be hand delivered or scanned and emailed. $100,000.00 as earnest money will be due upon acceptance of the Sales Contract by wire transfer or cashier's check. Bidding is not contingent upon financing, make all financing arrangements prior to the end of the bidding. The successful bidder is required to pay $100,000.00 as earnest money with a cashier's check or by wire transfer. Upon accepted offer all earnest money becomes nonrefundable.
CheckWire Transfer

Auction Details

Sportsmans Paradise Hunting & CRP Land AuctionPrague, NESaturday, May 30, 2020 | 10:00 AM CDT

Auction House

Terms Of Sale

1. Any & all announcements made from the Auction Block take precedence over all printed material & advertising. The information provided in this catalog is deemed correct, but is in no way guaranteed. We will in no way be held responsible if the information provided to us was incorrect to begin with. While descriptions are believed to be correct, the Auctioneers or owners make no warranties or guarantees as to the genuineness, authenticity of or defect of any items & will not be held responsible for advertising discrepancies or inaccuracies. It is our sincerest intention to provide the potential buyer all the information that pertains to the various items. 2. ALL SALES ARE FINAL. All Property is offered in 'AS IS, WHERE IS' condition, unless otherwise specified by the Auctioneer. No Warranties, either expressed or implied, will be offered. 3. Once the Auctioneer says 'SOLD', the equipment becomes the Sole Responsibility of the Purchaser. 4. The Auction Company reserves the right to reject the Bid of any purchaser or revoke any/all bidding numbers from any purchase, who in the past has presented a problem for collection to either the Auction Company or Seller. 5. Any/all Purchasers will be expected to rely upon his/her personal inspection or investigation of the property being offered at the Auction, or that of an approved party to Buyer, and not upon any representation of warranty or condition by the Seller or the Auction Company. Seller or Auction Company will, in NO WAY, be held responsible for any discrepancies, damage or loss of any property of Buyer once the Auctioneer says SOLD. 6. Any/all prospective Purchasers will be required to register for a bidder's number and present proper identification when registering. 7. All purchases MUST be settled for, IN FULL, on Auction Day. In the event of a wire transfer, if payment absolutely cannot be made on Auction Day, the Purchase must be settled for by the next available Business Day. 8. ABSOLUTELY NO Equipment will be removed from the Auction Site until Settled for. Any/all Equipment left at the Auction Site after the Auction will be the SOLE Responsibility of the Purchaser. 9. All Arrangements for Removal of the Equipment MUST be made through the Auction Company or Seller. 10. Any/all announcements made from the Block on Auction Day will take absolute precedence over any matter of print or any matter of previously printed advertising. 11. Neither the Sellers or the Auction Company will assume any liability or responsibility for transfer costs or damages to the equipment resulting in a loss to the Purchaser, either due to negligence or natural accidental occurrence circumstances. Furthermore, Purchaser will hold harmless both the Sellers and the Auction Company, and their heirs and assigns, from any litigation and/or loss due to any lawsuit brought by Purchaser for any loss that he/she may endure. 12. By making a bid, regardless of how such bid is made, Bidder acknowledges that Bidder has received, read, understands, and agrees to comply with and be bound by the Terms.
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